Topics: Accounting software, Application software, Computer software Pages: 18 (4442 words) Published: March 5, 2013
MYOB (Mind Your Own Business) is an Australian-based technology company that provides financial software and products to businesses in Australia and New Zealand. While the company offers over 100 services and products, it is mostly known for its suite of accounting software for small to medium-size businesses. MYOB's mission is to help businesses by providing user-friendly accounting software. According to the company, over 1 million businesses in Australia and New Zealand use MYOB softwar Tally 7.2 - an Integrated Enterprise Solution with Complete Accounting, Inventory and Reporting capabilities. Tally 7.2 provides a total solution that helps you to manage your accounts and inventory. Its vast array of management reports puts you on top of your operations be it a small business or a large one or even a non-profit organisation.It is a package introduced along with VAT feature..

Accounting Features :
1)Accounting without CODES
2)Unified Ledgers
3)Complete Book-keeping
4)Comprehensive Accounting
5)Multi-Currency Accounting
6)Receivables and Payables
7)Ratio Analysis
8)Budgeting, Auditing and Security Control
9)"Scenario" management
10)Unlimited Cost/Profit Centres
11)VAT and Sales Tax handling

Inventory Features ::
1)Multi-location Stock Control
2)Comprehensive recording of stock movement
3)Variety of management reports
4)Aged stocks Analysis
5)Batch- related stock reports
6)Re-order levels
What is the use of Tally software?
* 6 years ago
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Best Answer - Chosen by Voters
Tally is an accounts and inventory management software which is having many other features too. With the latest version of this software Tally9 you can 1. do all basic accounting functions,
2. Manage your store and items,
3. do the job costing,
4. manage payroll,
5. get many mis reports which are useful for day today functions, 6. file your tax returns like prepare balance sheet, profit and loss statement, VAT forms, TDS, returns, Service tax returns, e-TDS filing, Excise forms, FBT reports and forms, 7. maintain budgets, scenarios,

8. calculate interest on pending amount
9. manage data over different locations and synchronize it and many more other features.

In fact in todays environment you just need a computer and Tally to manage your business and you to run it. you can get more info on tally at
Hope this can help you to understand tally better.

Read more: http://wiki.answers.com/Q/What_is_Tally_7.2#ixzz2AznFjGsz

Read more: What Is the MYOB Accounting Program? | eHow.com http://www.ehow.com/info_8082554_myob-accounting-program.html#ixzz2AzmpDlOR

Company| MYOB| Tally| PlanGuru - Budgeting & Forecasting Software| Software| MYOB AccountRight Basics| Tally.ERP 9| PlanGuru| Website| MYOB AccountRight Basics (myob.com.au)| Tally.ERP 9 (tallysolutions.com)| PlanGuru (planguru.com)| Company Description| simple accounting software that easily manages your invoicing, expenses and GST. perfect for sole traders and service providers without staff| At Tally, we have a hard-earned reputation for empowering businesses with stable, effective software products and Tally.ERP 9 takes this further. Tally.ERP 9 has all the features required for high-performance business management. You bank and pay utility bills from home, why not do your business transactions? Or call up a stock status report and print a copy from wherever you are? Tally.ERP 9 has been designed with you in mind. Powerful connectivity makes information available with your staff, CA and other professionals, round-the-clock, in any place. It's also quick to install and allows incremental implementation-a novel capability that lets you activate just as many of its functions when required, even across locations.| PlanGuru is budgeting and forecasting software designed to help businesses and non-profits make better decisions. PlanGuru's...
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